Worst House on the Street Logo
Lomax Street, Darwen, Lancashire, BB3 - Image 1
Lomax Street, Darwen, Lancashire, BB3 - Image 2
Lomax Street, Darwen, Lancashire, BB3 - Image 3
Lomax Street, Darwen, Lancashire, BB3 - Image 4
Lomax Street, Darwen, Lancashire, BB3 - Image 5
Lomax Street, Darwen, Lancashire, BB3 - Image 6
Lomax Street, Darwen, Lancashire, BB3 - Image 7
Lomax Street, Darwen, Lancashire, BB3 - Image 8
Lomax Street, Darwen, Lancashire, BB3 - Image 9
Lomax Street, Darwen, Lancashire, BB3 - Image 10

Lomax Street, Darwen, Lancashire, BB3

West Midlands

£65,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
850 sqft

Description

This traditional pavement-fronted terrace house presents a promising renovation project for cash buyers or seasoned investors. While the property requires substantial refurbishment to restore it to a comfortable living standard, its layout and potential cannot be overlooked. The home features an entrance vestibule leading into a hallway, two distinct reception rooms offering flexibility for reconfiguration, a kitchen area, two bedrooms, and a three-piece bathroom. A combination boiler is conveniently located in the bathroom for heating needs. The enclosed rear yard adds to the property's appeal as an outdoor space waiting to be transformed. Situated off Cotton Hall Street near Richmond Terrace, this location provides easy access to local amenities and transport options, enhancing its investment value. With vision and effort, this property can be turned into a desirable home or rental opportunity.

Investment Analysis

(BB3 area)

Below Market Value

This property is priced -57.5% below area average per sq ft

-57.5%
Potential saving
This Property
£76/sq ft
Area Average
£180/sq ft
Avg Rent (weekly)
£173
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£168,300
10% above area average per sq ft
Potential ROI
+68.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (BB3)

Area prices are falling by -11.4% over the last 12 months
3 year growth: -1.9%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on BB3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lomax Street, Darwen, Lancashire, BB3
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£232
Based on a loan of £48,750 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.